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Fluence at the RE+ industry event in California, September 2024. The company is active in 17 global territories but around half of its deployments are in the US. Image: Andy Colthorpe/Solar Media

Fluence lowers 2025 guidance due to ‘disappointing’ contract delays, competitive pressure

February 11, 2025
Fluence has reported a year-on-year fall in quarterly revenues and lowered its 2025 guidance but sees ‘robust’ global demand for battery storage.  
A 100MW/400MWh BESS project featuring Tesla Megapacks in California, US. Image: Arevon Asset Management

Tesla deployed 31GWh of storage in 2024, segment benefited from US$756 million tax credits

January 31, 2025
Tesla has reported record quarterly and full-year deployment figures for its Megapack and Powerwall battery storage products in its latest financial results. 
LG Energy Solution Nanjing China

LG Energy Solution to continue EV-ESS battery production switching amid ‘market volatilities’

January 28, 2025
LG Energy Solution is ‘proactively responding to market volatilities’ that have seen the South Korean battery manufacturer’s annual operating profits slide 73.4%.
SolarEdge's Sella 2 battery production plant in Chungcheongbuk-do Province, South Korea. Image: SolarEdge

SolarEdge closes utility-scale energy storage division to focus on ‘core’ solar PV business

November 28, 2024
SolarEdge has closed its utility-scale battery storage division, resulting in a layoff of roughly 12% of its total workforce.
Fluence's factory in Utah has been used for assembly and integration since 2022 but began manufacturing modules (pictured) in September this year. Image: Fluence
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Fluence: ‘US the principal driver of unprecedented demand for battery storage’

November 27, 2024
Fluence has ‘met or exceeded’ its financial guidance metrics for its 2024 fiscal year and expects to see ‘significant growth’ in its FY2025.
Eos zinc hybrid cathode battery module on the company's production line. Image: Eos Energy Enterprises
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IPP International Electric Power proposes California LDES zinc battery project at Marine Corps Base

November 12, 2024
International Electric Power is proposing a long-duration energy storage project on the Marine Corps Base Camp Pendleton, California utilising Eos Energy Enterprises’s zinc cathode battery technology.
Large-scale battery storage project in New South Wales, Australia, built with Tesla's Megapacks. Image: Edify Energy.

Tesla’s energy storage business ‘growing like wildfire’, Musk says

October 25, 2024
“It won’t be long” before Tesla’s stationary energy storage business is shipping 100GWh a year, CEO Elon Musk has claimed.
Gresham House's 15MW Lockleaze battery storage asset. The fund had mixed results, but expressed optimism for the coming year. Image: Gresham House

UK’s Gresham House says first-half 2024 results hit by ‘especially difficult market conditions’

October 2, 2024
UK battery energy storage system (BESS) investment fund Gresham House Energy Storage Fund has announced its half-year results to the end of June 2024.
HEIT's 98MW/196MWh Pillswood project, developed by Harmony Energy, during construction ahead of its start of commercial operation in 2023. Image: Harmony Energy

UK BESS investor Harmony Energy Income Trust ‘close to receiving offers’ in portfolio sale

August 27, 2024
Harmony Energy Income Trust (HEIT) expects to receive offers for battery storage assets in its UK portfolio by the end of September.
ESS Inc. CEO Eric Dresselhuys (right) at the announcement of the 500MWh project with LEAG in Germany, in 2023. Image: ESS Inc.
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ESS Inc: ‘Transformative agreement’ with EXIM to support gigawatt-hour production line

August 20, 2024
Executives at US flow battery manufacturer ESS Inc. have said the company will be able to continue into 2025 and reach a gigawatt-hour of annual production capacity next year.

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Our Next Energy launches US-made ESS products, American Energy Storage Innovations winding down

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Local opposition, permitting struggles stall progress on Northland Power’s 1GWh BESS in New York

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California BESS legislation update: Progress for pragmatic approaches, not for the extreme

CBRE IM invests in Engie’s 2.4GW Texas and California BESS portfolio

PG&E intends to put California BESS adjacent to fire-hit Moss Landing project back into service by June

Fluence grows US manufacturing footprint with Arizona factory opening

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